Tower International, Inc.
TOWR
TOWR was delisted on the 27th of September, 2019.
130 hedge funds and large institutions have $494M invested in Tower International, Inc. in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 44 increasing their positions, 54 reducing their positions, and 19 closing their positions.
28% more call options, than puts
Call options by funds: $271K | Put options by funds: $211K
16% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 19
4% less capital invested
Capital invested by funds: $516M → $494M (-$22.4M)
3% less funds holding
Funds holding: 134 → 130 (-4)
19% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$54.2M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$6.93M |
| 3 |
TC
Towle & Co
Denver,
Colorado
|
+$5.75M |
| 4 |
Millennium Management
New York
|
+$4.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$12.9M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.99M |
| 3 |
NAP
New Amsterdam Partners
New York
|
-$6.18M |
| 4 |
AIM
Assured Investment Management
New York
|
-$5.37M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.05M |
TOWR Hedge Fund Activity: Q1 2017 in Review
130 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Tower International, Inc. (TOWR) for Q1 2017, worth a combined $494M — down 4.3% from $516M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TOWR positions and 19 closed out — a net gain of 3 holders — while 44 added to existing stakes and 54 trimmed.
The largest buyer was BlackRock, adding an estimated $54.2M. The largest seller was Peregrine Capital Management, exiting entirely with an estimated $12.9M sold.
- 130 institutional investors held Tower International, Inc. (TOWR) as of Q1 2017, down from 134 in Q4 2016.
- Funds reported $494M of Tower International, Inc. stock for Q1 2017, down 4.3% quarter-over-quarter.
- 22 funds opened new Tower International, Inc. positions in Q1 2017 and 19 closed out, a net change of +3 holders.
- The largest Tower International, Inc. buyer in Q1 2017 was BlackRock, an estimated $54.2M added.
- The largest Tower International, Inc. seller in Q1 2017 was Peregrine Capital Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2017.